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Elliott Wave

RONIN at Decision PointRONIN is currently reacting within a well defined immediate demand zone after completing a clear five-wave decline, marked by an extended corrective structure labeled WXY. This drop has brought price action into a technical exhaustion area, where buying interest is starting to emerge. The confluence of channel support, wave completion, and horizontal demand makes this level a valid candidate for a short-term bullish bounce. A potential rally toward the $0.957 handle is likely if buyers can sustain momentum from here. This zone may act as a relief checkpoint before any further upside toward the $1.461 main supply area—where significant resistance is expected. However, a failure to hold above this demand could open the door for a continuation lower, targeting the base support zone around $0.18–$0.21. This would signal deeper structural weakness and potentially complete a broader accumulation phase. For now, eyes are on whether this bounce evolves into a meaningful move or remains a corrective pop in a larger bearish cycle. Stay sharp RONIN is at a pivotal inflection.
Long
by weslad
EUR/USD Elliott Wave Forecast: Preparing for Wave 5 RallyIn the daily timeframe of EUR/USD, the third wave of the larger Elliott Wave structure appears to have been completed. Within this third wave, we can also observe that the subwave 3 of wave 3 has concluded, and currently, Wave 4 is unfolding. Wave 4 is presently developing and is likely to retrace toward the 1.10683 level or potentially form a supportive close above it. This zone corresponds to both the subwave 4 of Wave 3 and the main Wave 4 correction, which indicates a critical area of confluence and potential completion of the corrective structure. Once Wave 4 is confirmed to be complete near this region, the chart suggests that we may enter the beginning of Wave 5, providing a favorable long trade opportunity. Entry Trigger: Sustained price above 1.10719 First Target: 1.12900 Second Target: 1.13837 Stop-Loss: 1.09518 (below the corrective Wave 4 low to protect the setup)
by Money_Dictators
Bitcoin Breaks Heavy Resistance Zone— But Can It Hold?Bitcoin ( BINANCE:BTCUSDT ) started to rise yesterday as the S&P 500 Index ( FOREXCOM:SPX500 ) opened and it seems like it can break the Heavy Resistance zone($95,950-$88,500 ) this time, but there are still concerns from a technical analysis , so please stay tuned for this analysis . Bitcoin is moving near the Resistance zone($100,200-$97,700) and has broken through the Heavy Resistance zone($95,950-$88,500) with good momentum . In terms of Elliott wave theory , it seems that Bitcoin has completed microwave 3 near the Resistance zone($100,200-$97,700) and we should wait for the completion of microwave 4 . The microwave 4 can be considered a pullback to the Heavy Resistance zone($95,950-$88,500 ). I expect Bitcoin to drop to at least $96,000 and is likely to touch the Support zone($95,760-$95,200) and start rising again, since microwave 3 was with high momentum , it is possible that microwave 5 will even be truncated . The targets I have indicated on the chart can be the target of a long position . If you are looking for a Bitcoin reversal, you can focus on the Time Reversal Zone(TRZ) . The next major pivot will likely be within this time zone . It seems reasonable to open a Long position near the Support zone($95,760-$95,200) , and it can give us a good Risk-To-Reward . What do you think? ---------------------------------------------------- My concerns for Bitcoin's continued bullish trend: Because Bitcoin's correlation with US stock market indices , especially the SPX500 , is higher than in previous weeks, my analysis is that there is a re-correction in the SPX500 index , which could prevent Bitcoin from continuing its upward trend . The Ascending Broadening Wedge pattern is likely to complete, which could cause Bitcoin to fall further if the lower lines of this pattern are broken. If tensions between Pakistan and India increase, it could prevent Bitcoin from growing further. ---------------------------------------------------- Also, Today, the Federal Funds Rate is scheduled to be announced. Let’s take a look at how this decision — along with Powell’s speech — might impact Bitcoin . Be cautious with your positions during the announcement and Powell’s remarks, as markets may become volatile. Holding the rate steady is a signal of monetary policy stability, which could give risk assets like Bitcoin some breathing room in the short term. Given recent U.S. economic data, markets are mainly focused on Powell’s tone during the press conference. If he adopts a dovish stance (hinting at potential rate cuts), this could support Bitcoin’s upward momentum. However, if Powell emphasizes that rates will remain elevated for an extended period, we might see a temporary wave of selling pressure in the market. Stay alert and manage your risk wisely — high-impact events like this can lead to sharp moves in crypto. ---------------------------------------------------- Cumulative Short Liquidation Leverage: $98,511-$97,774 Cumulative Long Liquidation Leverage: $95,966-$95,550 Note: If Bitcoin falls below $94,400, we can expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 2-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
24
GOLD → The rally has given way to a correction. News aheadFX:XAUUSD is rising amid a challenging geopolitical environment. During the Asian session, a correction to the zone of interest (0.5 Fibonacci) is forming. The situation is quite complex and tense. On Tuesday, the metal strengthened to 3433 due to tensions in the Middle East, but during the Asian session, gold fell sharply due to optimism surrounding the upcoming US-China trade talks, the strengthening of the dollar, and profit-taking ahead of the Fed's decision. Investors are waiting for Powell's speech, which will determine the future of interest rate policy. Despite the decline, gold is supported by ongoing geopolitical risks in the Middle East, Eastern Europe, and South Asia. Theoretically, if the bulls keep the price above 0.5 Fibonacci, the growth may continue to 3439, as the price has not yet reached the liquidity zone. Resistance levels: 3439 Support levels: 3369, 3352 However, unpredictable data could trigger a return of the price to the range and a correction to 3323-3300. Risk is posed by upcoming news: FOMC, Powell's speech, and the rate meeting. The Fed's hawkish stance could put pressure on gold... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
33
NZDCAD → Intra-range trading. Retest of resistanceFX:NZDCAD is strengthening within a neutral trading range. The currency pair is supported by the dollar's correction, but how long will this last? Ahead of us are the FOMC meeting and Powell's speech... The focus is on the trading range within which the currency pair continues its local trend. Liquidity around the 0.8317 level is attracting the price. The correction of the dollar is having a positive effect on the NZD. However, news is ahead, and traders are expecting a hawkish stance from the Fed. Against this backdrop, a reversal may occur... Since the currency pair is in a neutral range, there is a high probability of a false breakout and correction. Resistance levels: 0.83175 Support levels: 0.82644, 0.8235, 0.8225 The liquidity zone is likely to stop the price (temporarily or reverse it). Further movement depends on fundamental sentiment, but based on rumors about the Fed's position, it is worth carefully analyzing what data the market will receive this evening. A tougher Fed policy or hints of one could strengthen the dollar and weaken currencies... Best regards, R. Linda!
Short
by RLinda
15
Natural Gas Slowed Down For A Correction Within UptrendEU Commission will propose in June banning Russian gas and LNG imports under new deals and existing spot contracts by end-2025. Natural gas slowed down recently, but despite that retracement, we see it as an ABC correction after a potential leading diagonal formation from the lows. It actually stopped perfectly at the former wave 2 swing low and 61,8% Fibonacci support area, from where we may now see a bullish continuation, especially if it recovers back above 4.15 bullish confirmation level.
NYMEX:NG1!Long
by ew-forecast
Bitcoin ($BTC) Long trading ideaOKX:BTCUSDT Long trading idea Breakthrough of quarterly POC + Return for confirmation of quarterly POC = POE Limit 96969 + TP 108108 (50% of position + 50% Price Discovery) + SL 95259 (breakeven when TP is reached) = RR 1:6.5 I am interested in your opinion on risk and money management data, local algorithm and tactical actions Entry on a positive news background + With positive support from trendsetters + No nearby reports, speeches + Bullish graphic and candlestick patterns + Pool of indicator indices signals an uptrend #DYOR
Long
by FelixVexelman
1
Bitcoin - LifeTime Opportunity! Satoshi = AliensThis is probably the last time we see Bitcoin above 94,000 USDT! In the next months we can expect prices below 70k and 60k. Why? It's because of a huge bear market that started in February 2025 with Donald Trump's election. Crypto technology is not new. It was brought to planet Earth from outside. This technology is already integrated on thousands of different planets in the galaxy. Mostly to convert a human to a cyborg with Elon Musk's AI Neuralink in our brain. AI will insert artificial thoughts to your mind, will tell you what to do, what to eat, who to be friends with, etc... If you don't want this, stop using AI. ( www.youtube.com ) On the 4H chart, Bitcoin is breaking down! The price is now below 2 major trendlines and 1 ascending channel. It seems like the minor uptrend from 74k to 97k definitely ended, and we are going to go only down. From the Elliott wave perspective, this minor uptrend looks corrective rather than impulsive. Even though there are no overlaps between major waves, the minor waves themselves look corrective. We have 3 major supports on the way down that you can use as your profit targets (see the chart). Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! It is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
154
Triangle break-out with great potential upon special situationTriangle is now being formed as a wave 4. I expect it to break out and finish impulse wave slightly above wave 3 highs. Up to 30% gain here if entered at 0.89$ or so. This company is now interesting not only because of Elliott Wave applied - it has specific business situation. Parker Vision produces complex radio chips that are patented in early 2000's. Company even employed strong patent firm to protect its IP. Later many companies started to use their technology without being licensed under their patents. Lately, PRKR issued a few infringement claims. One of them is against QCOM who in their internal emails said that it would really difficult to use PRKR technology without stepping on one of their patents. The hearing of the case is scheduled in the first half of 2025 with compensation requested multiple times higher than PRKR capital. In case their claim is successful, the company will get over $1B.
OTC:PRKRLong
by evgenii_tr_tech
The Long, Flat Road AheadWith the Federal Reserve’s rate decision in focus, I wanted to revise a previous idea that called for 6% on the 10 year T-bill, and provide a clearer read on what I’m seeing as the larger trend, which could provide important clues for the future of everything from monetary policy, to mortgage rates, and stocks. Starting with the 500R chart, I think we are seeing a clear flat correction form, with the current segment of the trend being Wave C of (B). In a flat correction, the endpoint of (B) should reach at least 100% of (A). It can also extend further or, in less common cases, only reach 90% of (A), however for the purposes of this idea I will assume the yield will retrace to the 100% level, which is just above 5%. If this were to play out, it would suggest incoming pressure to financial markets that will eventually subside, likely later in the year. Something else to look for is that if this (B) wave were to fit a Zig Zag structure, that would cause waves (A) and (B) to be of the same pattern, so we should anticipate an alternate pattern in (C), such as a flat, diagonal, or triangle. The question on everybody's mind at the moment is if/when the next interest rate cut is coming. For today's announcement, I expect there to be no surprises, which can also be supported by short term technicals. Looking at the 100R chart (right) and Daily chart (left) at the same time provides useful context. The yield bounced off the 0.618 retracement of the 4/4 - 4/11 rise (labeled as 0.382 on the fib extension) and should have upward momentum. On the contrary, the Daily chart shows resistance at what appears to be a more well-defined lower high, with imbalances below. On the 100R chart, I also have a box drawn to show the extremities of the 500R bar. I expect the yield to move higher without creating a new 500R bar - which means the max low would be just below 4.10%. A retracement to this level would lead to the yield hitting the middle line of the lower imbalance, which should be a key liquidity zone. From there, a move to the 1.618 extension would take the yield to the targeted 5%. Something else I look for when detecting reversals is divergence on the Fisher Transform oscillator. I have it on both charts, which suggests a near-term move to the downside. Divergences are even more reliable on the Range charts, so a slightly lower low on the yield occurring while Fisher makes a higher low would signal that yields are about to rise higher. Assuming we see similar action play out, this would support my fundamental prediction that FOMC will temporarily provide relief to the markets - possibly from there being no surprises or dovish comments on rate cuts. I would, however, expect this to be short lived. Since I am already calling for stocks to be near a major reversal level, I expect a sharp rise in bond yields to correspond with a more powerful sell off of stocks than what we saw in February-April. More likely catalysts could be hot CPI and/or failure of US/China trade talks. Since there isn't much left to comment about on the technical side of things, I'll leave it at that. I ultimately expect the yield to start moving to 5%, so if it starts moving higher from here (4.36% currently), it would invalidate the idea that this will make one more push lower this week. We'll see what happens. Thank you for reading and let me know what you think!
TVC:US10Y
by ap769